I will say two things. Nice looking boat, and be very careful. VERY CAREFUL.
The two best types of boats are ones that can be carried, and ones you can live on. I once spent the night on a converted navy whaleboat around thirty feet, but it was on land, and half of it was a cabin. http://static.px.yelp.com/bphoto/t2t...oL3H2PvGzpNg/l
That is about all I know of wood boats. They are great, and beautiful, and if it has no keel, it's probably unsinkable. Don't let it put you off of wood, but it is a risky proposition to buy older wood boats. You don't buy a wood boat, you marry it.